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David Harvey -
Devaluation
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Rampant inflation is just as hard to live with as the devaluation of commodities.
David Harvey
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Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.
David Harvey
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Not only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use. For this is the only means that capitalism has at its disposal to achieve the level of devaluation now required. The idea is dreadful in its implications. What better reason could there be to declare that it is time for capitalism to be gone, to give way to some saner mode of production?
David Harvey
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The ultimate Form of devaluation is military confrontation and global war.
David Harvey
Quote of the day
Nobody ever did anything very foolish except from some strong principle.
William Lamb, 2nd Viscount Melbourne
David Harvey
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Born:
October 31, 1935
(age 89)
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